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The firm wants to determine how many units of products X and Y to produce to maximize profits. Product X profits $100 per unit and takes 4 labor hours and 1 machine hour to produce. Product Y profits $80 per unit and takes 2 labor hours and 5 machine hours to produce. The firm is constrained by 800 total labor hours and 750 total machine hours. The linear programming model maximizes total profits with constraints on labor and machine hours. The optimal solution has the firm producing 138.89 units of X and 122.22 units of Y for maximum total profits of $23,666.67.

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Shahnawaz Khan
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58 views1 page

Course Hero

The firm wants to determine how many units of products X and Y to produce to maximize profits. Product X profits $100 per unit and takes 4 labor hours and 1 machine hour to produce. Product Y profits $80 per unit and takes 2 labor hours and 5 machine hours to produce. The firm is constrained by 800 total labor hours and 750 total machine hours. The linear programming model maximizes total profits with constraints on labor and machine hours. The optimal solution has the firm producing 138.89 units of X and 122.22 units of Y for maximum total profits of $23,666.67.

Uploaded by

Shahnawaz Khan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Formulate and use linear programming to solve the following problem.

A firm wants to
determine how
many units of each of two products (products X and Y) they should produce in order to make the
most
money. The profit from making a unit of product X is $100 and the profit from making a unit of
product
Y is $80. Although the firm can readily sell any amount of either product, it is limited by its total
labor
hours and total machine hours available. The total labor hours per week are 800. Product X takes
4
hours of labor per unit and Product Y takes 2 hours of labor per unit. The total machine hours
available
are 750 per week. Product X takes 1 machine hour per unit and Product Y takes 5 machine hours
per
unit. Write the constraints and the objective function for this problem, solve for the best mix of
product
X and Y, and report the maximum value of the objective function.
Objective function: Maximize Z = $100 X + $80 Y
Subject to:
4 X + 2 Y < = 800
1 X + 5 Y < = 750
Solution:
X = 138.89
Y = 122.22
Z = $23,666.67

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